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Dec 2, 2013
12/13
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had he to raise taxes in order to cut the $11 billion deficit. raising taxes is not something that's designed to make you very popular as well as cutting government spending. i spoke with the finance minister and he's pretty b buoyant. the public outcry on that, people are pretty pleased. i did ask him, is this just kicking the can down the road. take a listen. >> we have to reduce government expenses in a way that will not hurt all the services we want to give to the government. the fight for efficiency in all the governments around the world is a hard fight. we know now things we didn't know before about how to do it because we've been doing it for quite a while. this is why things are better now. i think we're going to have a new fiscal rule which will allow us to reduce government expenses in a way that will allow us not to raise taxes. >>ing where do you see that in order not to raise taxes in 2014, 2015. >> i can tell you we're not going to hurt the budgets of education because we are an education modulated government and of course health a
had he to raise taxes in order to cut the $11 billion deficit. raising taxes is not something that's designed to make you very popular as well as cutting government spending. i spoke with the finance minister and he's pretty b buoyant. the public outcry on that, people are pretty pleased. i did ask him, is this just kicking the can down the road. take a listen. >> we have to reduce government expenses in a way that will not hurt all the services we want to give to the government. the...
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Dec 9, 2013
12/13
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democrats don't want to raise taxes. how are we going to find the savings? with that in mind, my best guess is that we don't have another shutdown. >> how do you avoid the shutdown? >> a continuing resolution that keeps sequestration in place. another short term. we've done it 14 times. we can fund the government through a continuing resolution. >> morris, is that the back stop there? >> yeah, i'm not for sure it's going to work this time. there is mounting pressure in the business community as my colleague knows. there is the pressure of mid term election as a lead up to the next presidential election and i would say i would read the tea leaves. the way they're getting together on the farm bill is an indication republicans want to play ball a little bit more. those are farm bills. farmers are their constituents. i think there's a con volution of things with the re-election and mid term. the presidential election is very important in this lead up, particularly since the fumble with obama care. the republicans may see an opening and may be a reason for them t
democrats don't want to raise taxes. how are we going to find the savings? with that in mind, my best guess is that we don't have another shutdown. >> how do you avoid the shutdown? >> a continuing resolution that keeps sequestration in place. another short term. we've done it 14 times. we can fund the government through a continuing resolution. >> morris, is that the back stop there? >> yeah, i'm not for sure it's going to work this time. there is mounting pressure in...
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Dec 3, 2013
12/13
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. >>> there's a new tax by thailand's government to diffusion tensions in bangkok. allowing protesters inside, tear gas and rubber bullets have given away to calmer demonstrations. the protest leader says the fight will continue. meanwhile, consumer confidence has been hit dropping to a two-year low because of the unrest. the national transportation safety board says the new york commuter train that derails sunday was traveling at 82 miles per hour when it entered a curve where the speed limit was just 30 miles per hour. four people were killed and more than 60 injured. the ntsb says the train's brakes were working properly but were applied just seconds before the crash. >>> and pointing and clicking is becoming the preferred way to shop. adobe says u.s. cyber monday sales topped $2 billion for the first time, up 16% to 2.9 billion. adobe tracks visits to 2,000 websites. a record 18% came from mobile devices. other trackers report even higher numbers. ibm dish analytics, sales rose and amazon sales were up 44% as of 6:00 p.m. eastern and ebay's were up 32%. gloo glo
. >>> there's a new tax by thailand's government to diffusion tensions in bangkok. allowing protesters inside, tear gas and rubber bullets have given away to calmer demonstrations. the protest leader says the fight will continue. meanwhile, consumer confidence has been hit dropping to a two-year low because of the unrest. the national transportation safety board says the new york commuter train that derails sunday was traveling at 82 miles per hour when it entered a curve where the...